$4,620

Avg. Federal Grant

$6,189

Avg. Federal Loan

$21,169,524

Total Aid Awarded

Evangel University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

96%

Total Aid Amount Average Total Aid Awarded per year.

$21.170M

Financial Aid Official Website

www.evangel.edu/financial/tuition-and-cost/

It is interesting to note that almost every student at EU receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $13,128,003. More information regarding the financial assistance schemes can be accessed on EU’s official financial aid page at http://www.evangel.edu/financial/tuition-and-cost/. Notably, a total of 42% of the applicants to Evangel University receive the Federal Grant every year. In comparison, 95% of the students are awarded the Student Grant, 88% get the Institution Grant, and 41% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,519. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $16,871 per year. The average aid amount stands at $15,820 for an annual family income between $30,001 and $48,000. This amount comes to $14,066 for those who fall under the $48,001-$75,000 family income bracket. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $12,479. And, for those with a family income of more than $110,000, the amount stands at $11,712. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At EU, an estimated number of 96% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

44%

State Grant Aid

N/A

Institution Grant Aid

90%

Pell Grant

44%

Average Aid Awarded

Federal Grant Aid

$4,620

State Grant Aid

$4,000

Institution Grant Aid

$12,864

Pell Grant

$4,321

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$15,826

$30,001 - $48,000

$16,787

$48,001 - $75,000

$13,870

$75,001 - $110,000

$12,959

Over $110,000

$11,100

Student Loans for Evangel University

Average Loan Amount Average Loan Amount received per year.

$6,929/Year

Students Taking Out Loans

97%

Loan Default Rate

4.6%

Other Colleges In Missouri

Park University
Park University

Parkville, Missouri

University of Missouri
University of Missouri

Columbia, Missouri

Columbia College
Columbia College

Columbia, Missouri

Other Colleges In Springfield

Other Private not-for-profit Colleges